https://www.taxtmi.com/caselaws?id=270488 The reassessment of input tax credit reversal and penalty was challenged for want of enquiry and breach of natural justice. The High Court noted that the order had been passed without the enquiry contemplated under section 27(2) of the Tamil Nadu Value Added Tax Act, 2006, and the record did not establish suppression of assessable turnover. As the petitioner was willing to produce documents relevant to correct quantification of tax liability, the matter required fresh consideration. The impugned order was set aside and the case was remitted for reconsideration after allowing the petitioner to file documents and after granting a hearing. en-us Fri, 27 Nov 2015 00:00:00 +0530 Wed, 06 Jan 2016 23:48:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270488 The reassessment of input tax credit reversal and penalty was challenged for want of enquiry and breach of natural justice. The High Court noted that the order had been passed without the enquiry contemplated under section 27(2) of the Tamil Nadu Value Added Tax Act, 2006, and the record did not establish suppression of assessable turnover. As the petitioner was willing to produce documents relevant to correct quantification of tax liability, the matter required fresh consideration. The impugned order was set aside and the case was remitted for reconsideration after allowing the petitioner to file documents and after granting a hearing. Case-Laws VAT and Sales Tax Fri, 27 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270488